BarCap Nabs HSBC Trader

Barclays Capital
is
bringing aboard
K.J.
Shin, derivatives trader at HSBC in
Seoul, for its onshore Korean desk in a new marketing role covering
short-term foreign exchange derivatives. "This is a new business
for Barclays onshore," said
Inseok
Cha, director in the investment banking
division in Seoul.

At HSBC, Shin reported to
David Choi, head of
interest rate trading in the treasury and capital markets division
in Seoul. Choi declined comment. Shin, who starts this week, could
not be reached for comment.